Agusto & Co. assigns a “A-” rating to Linkage Assurance Plc
The rating expires on 30 June 2019.
The rating assigned to Linkage Assurance Plc (‘Linkage’ or ‘the Insurer’) reflects its good capitalisation, good investment return and good liquidity profile. The rating is however constrained by elevated underwriting expenses, sub-par risk management, concentration in the investment portfolio & investment income, sub-par underwriting performance and the fragile state of the economy.
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